6 African Billionaires Who Own Luxury Brands Around The World
Africa’s billionaires include an interesting mix of industrialists, financiers, and cultural influencers. Only a few individuals…
Morocco is Set to Open $5.6 Billion Port Hosting Its First Liquefied Natural Gas Terminal
Morocco plans to open its second Mediterranean deepwater port, Nador West Med, in the fourth quarter…
Cairo and Johannesburg Ranked Among the Most Powerful Cities in the World
Cairo and Johannesburg were the continent’s only representatives on the list, finishing 46th and 48th, respectively,…
10 African Countries with the Strongest Financial Markets
The year 2025 saw significant changes in the trade policies imposed by major global economies, as…
African Startups Receive $180 Billion from a Small, Rich Island and Gulf Financiers
Africa has emerged as one of the fastest-growing ICT markets in the previous decade, because to…
South African Billionaire Sells One of the World’s Oldest Luxury Watch Brands to Italy’s Damiani
Richemont, owned by South African billionaire Johann Rupert, has announced the sale of Swiss watchmaker Baume…
10 African Countries With The Highest IMF Debt 2026
As the new year begins, several African countries are once again turning to the International Monetary…
10 African Countries With The Most Powerful Militaries in 2026
From the continuing, multidimensional battles to tackle the perennial plague of terrorism in the Sahel and…
World’s Biggest TikToker, Khaby Lame, Sells Company in $900m Deal
Khaby Lame, the Senegalese-born TikTok star with the platform’s greatest following, has signed a major commercial…
Khaby Lame: How the World’s Biggest TikToker Turned Silent Videos Into a $975 Million Deal
Khaby Lame, the world’s biggest TikToker and one of the most recognisable faces on the internet,…
SA Billionaire Patrice Motsepe Joins $4 Billion Club Amid Mining Rally and Global Expansion
South African mining magnate Patrice Motsepe, head of the Confederation of African Football (CAF) and an…
10 African Countries with the Highest Diesel Costs at the Start of 2026
As the new year begins, high diesel prices remain a severe burden across most of Africa,…
Germany to Support South Africa with €720m to Move Away from Coal
According to Rainer Baake, Germany’s special ambassador for the initiative, Germany is in talks with South…
Zambian Power Trader Plans $100 Million Transmission Line to Tanzania
A Zambian energy trader is to invest $100 million in a power transmission line connecting Zambia…
Top 10 African Countries with the Highest GDP Growth Forecast for 2026
Sub-Saharan Africa’s economic growth is projected to reach 4.3% in 2026, up from 4.0% in 2025,…
South Africa’s Nedbank Group to Buy Majority Stake in Kenya’s NCBA for $856 million
South Africa’s Nedbank Group has launched an offer to acquire a 66% stake in Kenya’s NCBA…
Floyd Mayweather’s $2.4m Debt to Nigerian Media Firm from 2023 is Now Nearly $3m with Interest
In 2023, a US court ordered former boxing world champion Floyd Mayweather Jr. to pay $2.4…
How Former Barclays Clerk, Jim Ovia, Turned $5 Million into a $3.3 Billion Banking Empire
In the 1990s, as Nigeria’s banking sector transitioned from government and foreign control to a burgeoning…
The World’s Most Powerful Passports in 2026
If you want to visit the Great Wall of China or the Pyramids of Giza, you…
President Trump Recalls US Envoys as Ambassador Richard Mills Exits Nigeria
Richard Mills’ time as the United States ambassador to Nigeria has officially come to a close.…